Which of the Following Statements About Outlet Stores Is False

question 48

Multiple Choice

Which of the following statements about outlet stores is false?

• A)Outlets allow retailers to sell excess merchandise and still maintain an image of offering merchandise at full price in their primary store.
• B)The recessionary economic climate has increased demand for this type of off-price retailing.
• C)Increasingly, retailers are offering merchandise made expressly for the outlet division.
• D)Manufacturers use outlet stores to clear excess merchandise.
• E)Outlet stores attract customers who want a "corner store" environment.

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Definitions:

Production Technology

The methods, equipment, and processes used to produce goods and services, including advancements that improve efficiency and productivity.

Hourly Wage Rate

The rate of pay given to employees per hour worked, often used to calculate earnings for part-time or casual work.

Production Technology

This term refers to the methods and processes used to create goods and services, incorporating tools, machinery, techniques, and knowledge.

Labor Intensive

Describing industries or processes that require a large amount of labor to produce goods or services, often associated with higher employment but lower capital investment.